100%. Was just helping map out a point on how the real benefit of choosing the deferrals is playing off a rate arbitrage. Tax rate / legislative changes play the biggest role which was the point to begin with.The math is fine as far as you took it, but it's not reflective of real-life conditions. Add in the real-life variables you left out like capital gains, inflation, bracket creep, and changes to the tax code. Then layer the fact that with traditional IRAs you have flexibility on when and how much you withdraw or convert to a Roth to create a taxable event, while if you start with a Roth you are locked in.